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Bryn's Revenue for 20X5 Was £331 330, Cost of Sales

Question 28

Multiple Choice

Bryn's revenue for 20X5 was £331 330, cost of sales was £227 400 and expenses were £50 551.Revenue in 20X5 was 12.5% higher than in 20X4.Gross profit margin and net profit margin in both years were the same.What were Bryn's expenses in 20X4 (to the nearest £ and working to one decimal place in calculations) ?


A) £44 357
B) £45 061
C) £47 417
D) £42 412

Correct Answer:

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